What is Metis (METIS)

1. Project Introduction
Metis is a Layer 2 blockchain on Ethereum that employs a decentralized sequencer pool and a hybrid rollup combining optimistic and zero-knowledge (ZK) proofs to enhance security, sustainability, and decentralization. Metis aims to be the first fully decentralized Layer 2 infrastructure on Ethereum, introducing a PoS Decentralized Sequencer Pool to improve decentralization.
Summary: As an Ethereum Layer 2 network, Metis incorporates innovative technologies such as decentralized sequencer pools and hybrid rollups, focusing on high throughput and fast transactions while ensuring decentralization and security. In late 2023, Metis announced the launch of a $100 million Metis Ecosystem Development Fund to attract quality projects to its platform.
2. Team & Investment Info
Team:
Elena Sinelnikova: Co-founder, founder and CEO of the educational nonprofit CryptoChicks.
Kevin Liu: Co-founder, CEO of ZKM, former co-founder of Token Economy Labs Inc.
Yuan Su: CTO of Metis, co-founder of Nuvo Technology Ltd., with previous roles at CaseWare International and IBM.
Funding:
In March 2021, Metis announced $1 million in angel and seed funding from various investors, followed by a $3 million Series A round with participation from Block Dream Fund, Genblock Capital, and others.
3. Social Media URLs
X: https://x.com/MetisL2
Telegram: https://t.me/MetisL2
Discord: https://discord.com/invite/metis
Medium: https://metisl2.medium.com/
YouTube: https://www.youtube.com/@Metis_L2
4. Token Info
Token Symbol: METIS
Total Supply: 10,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: https://etherscan.io/token/0x9E32b13ce7f2E80A01932B42553652E053D6ed8e
Token Distribution:
Mining Rewards: 47.7%
Founders: 7%
Private Sale: 7%
Developer Community: 9%
Airdrop: 6%
Liquidity Reserve: 6%
Seed Investment Fund: 6%
MetisLab Foundation: 4%
Community Influencers: 3%
Advisors: 1.5%
Planning: 1.5%
Angel Investment Fund: 1%
Liquidity IDO: 0.3%
5. Related Links
Official Website: https://www.metis.io/
White Paper: https://drive.google.com/file/d/1LS7CmKFt-FkfVXxSNu06hNgoZXxMzTC-/view
LinkedIn: https://www.linkedin.com/company/metisl2/?originalSubdomain=sg
Other Info: https://www.rootdata.com/Projects/detail/Metis?k=MTAxMQ%3D%3D